- Home
- Media
- Press releases
- NLMK Group expands structural steel offering
NLMK Group expands structural steel offering
NLMK Group, a global steel company, has supplied VinProf with a trial batch of weathering steel produced at the Lipetsk site. Rolled products with increased resistance to atmospheric corrosion will be used to produce hedgerow systems, structures used in vineyards to support vines.
Surfaces of objects and structures made from weathering steels are more resistant to meteorological conditions. A key feature of weathering steel is its oxide layer, or patina, that inhibits oxygen diffusion to the metal surface and slows down corrosion. Patina-formation is enabled through introducing a combination of chemical elements, including nickel, copper, and chromium, at the steelmaking stage.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK has a highly competitive competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2019, the Company generated $10.6 bn in revenue and $2.6 bn in EBITDA. Net debt/EBITDA stood at 0.7х. The Company has investment grade credit ratings from S&P, Moody’s, Fitch, and RAEX (Expert RA).
NLMK’s ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1.
For more details on NLMK shareholder capital, please follow the link.
For NLMK Group’s photos and corporate videos, please visit our media library.
Subscribe for updates
You must accept the terms of this Privacy Policy.